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Toys RUs Reports Sales Growth and Net Losses in First Quarter

Jul 2, 2014

The firm achieved an increase in sales of 2.9 per cent, totaling $2.5 billion. However, the increases run alongside a net loss of $196 million. Toys R Us reports an increase of its domestic and international sales in its financial results ...

Tags: Toys, Economy

General Motors Recalls 8.4 Million Cars

Jul 1, 2014

General Motors is set to initiate six new safety recalls involving 8.4 million cars, including 7.6 million in the US, over ignition switch defects. The recall affects vehicles manufactured between 1997 and 2014, the company said. ...

Tags: Auto Parts, General Motors, Car, Auto

Kao Fong to Take out Loan for Expansion

Jul 1, 2014

Kao Fong Machinery Co., Ltd., a subsidiary of Hota Industrial Mfg. Co., Ltd., has signed a syndicated loan of NT$1.1 billion (US$36.6 million) with eight Taiwan-based banks to finance its expansion?amid promising market outlook. The ...

Tags: Manufacturing, Processing Machinery

MMK's Metalurji Registered a Quarter-on-Quarter Decrease of 20.2%

Jun 30, 2014

Russian steel giant Magnitogorsk Iron and Steel Works (MMK) has announced that its Turkey-based subsidiary MMK Metalurji registered a quarter-on-quarter decrease of 20.2 percent in its sales revenues for the first quarter of the current ...

Tags: Magnitogorsk, Iron, Steel

Mclaren GT Unveils Mclaren 650s GT3 Racer

Jun 30, 2014

McLaren GT, the GT race car manufacturing unit of McLaren, has unveiled the McLaren 650S GT3 at the 2014 Goodwood Festival of Speed. The second-generation GT3 car, which builds on the successful 12C GT3, will participate in the GT3 global ...

Tags: car, vehicle, auto

Taiwan-Based PSS Makers Have Been Expanding Production Capacities

Jun 27, 2014

Taiwan-based PSS (patterned sapphire substrate) makers have been expanding production capacities, with total monthly capacity to increase from 2.19 million 2-inch-equivalent substrates in the first quarter of 2014 to 2.63 million units in ...

Tags: PSS Makers, 4-inch PSS

Inventec Has Seen an Improvement in The Operations of Three PV Subsidiaries

Jun 27, 2014

Inventec has seen an improvement in the operations of three PV subsidiaries, company chairman Richard Lee said at its 2014 shareholders meeting on June 12. The three subsidiaries are crystalline silicon solar cell maker E-Ton Solar Tech, ...

Tags: Inventec, PV subsidiaries

Feldschlosschen Beverages Has Introduced an End-to-End M2M Technology

Jun 26, 2014

Swiss supplier of beer brands Feldschlosschen Beverages Group has introduced an end-to-end Machine-to-Machine (M2M) technology from the Swisscom M2M Centre of Competence. Feldschlosschen is employing M2M technology at over 300 of its ...

Tags: Feldschlosschen Beverages, beer brands

Greiner Packaging International Has Designed New Cup Container

Jun 26, 2014

European packaging producer Greiner Packaging International has designed new cup container for French dairy firm Senoble for its strawberry yogurt product Delisse Yaourt au lait entire. The unique design and shatterproof properties of the ...

Tags: Greiner Packaging, Cup Container

Tara Minerals Has Completed The Acquisition of Freshtec's Intellectual Property

Jun 26, 2014

Tara Minerals has completed the acquisition of FreshTec’s intellectual property for the preservation and protection of fresh fruit, vegetables and flowers during extended periods of shipping and storage. Under the deal, the company ...

Tags: Tara Minerals, Intellectual Property

Billerudkorsns Has Introduced Two New Paper Product Families

Jun 26, 2014

Renewable packaging material provider BillerudKorsns has introduced two new paper product families to meet growing demand for paper bags and carriers within the retail and food sectors. The company has introduced the new Xpression and ...

Tags: Renewable Paper Products, packaging material

A Hidden Treasure Has Been Unearthed by Wychwood Brewery

Jun 26, 2014

A hidden treasure has been unearthed by Wychwood Brewery, and it’s as pure and precious as anything its ever brewed before. Hobgoblin Gold is the latest brew to carry the Hobgoblin unique imagery joining the ruby and King Goblin ...

Tags: Pure Gold, Hobgoblin

Smurfit Kappa Announced to Reduce CO2 Emissions Per Ton of Paper

Jun 26, 2014

Paper-based packaging producer Smurfit Kappa has announced plans to reduce CO2 emissions per ton of paper produced by 25% by the year 2020 in its seventh annual Sustainable Development Report. The company's original target of a 20% ...

Tags: Smurfit Kappa, Carbon Emissions

Toppan Printing to Build a New Transparent Barrier Film Production Facility

Jun 26, 2014

Japan-based Toppan Printing has unveiled plans to build a new transparent barrier film production facility in Georgia, US, with an investment of about JPY10bn ($98m). Said to be the first one for the company outside Japan, the new ...

Tags: transparent barrier, Film Production

Ilapak Has Introduced a New Automated Feeding System for Apples

Jun 26, 2014

Ilapak has introduced a new automated feeding and trayless flowrapping system for apples, which will allow packhouses to reduce packing costs and improve efficiency. The new system has been designed by using firm's Carrera 1000/40 ...

Tags: Flowrapping System, Ilapak